Energean’s Post

150K boepd - mostly #gas but with a nice #oil sweetener is not to be sniffed at. Energean continues its development into a serious independent regionally focused player. Our primary objective (as all gas suppliers should be) is secure & reliable long term supply to our clients. This helps underwrite regional #energysecurity and is a major positive socioeconomic & #sustainabledevelopment driver. Without gas, the alternatives are coal or fuel oil - gas driving the #energytransition

A delegation from the Petrovietnam Exploration Production Corporation (PVEP), led by Chairman of the PVEP Members Council Tran Quoc Viet, on May 24 held a working session with their colleagues of Russia's Zarubezhneft JSC in Russia to discuss potential cooperation areas. The Vietnamese side praised the technical capabilities of Zarubezhneft and its affiliated petroleum research exploration institute VNIINeft. PVEP and VNIINeft have significant potential for future joint projects, given the latter’s history of supplying products to Vietnam, Viet said. In response, Vyacheslav Terentyev, Deputy Director General for Business Development at Zarubezhneft, introduced the company’s new development directions, including geothermal energy, import substitution, and digital transformation. 𝐑𝐞𝐚𝐝 𝐀𝐫𝐭𝐢𝐜𝐥𝐞: https://lnkd.in/dF4cxQ7f 𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐍𝐨𝐰: https://lnkd.in/eWy74kPX #PVEP #Zarubezhneft #VietnamRussiaCooperation #OilAndGas #EnergySector #GeothermalEnergy #DigitalTransformation #PetroleumExploration #VNIINeft #EnergyPartnership #TechnicalExpertise #BusinessDevelopment #ImportSubstitution #EnergyInnovation #InternationalCooperation

Leading market intelligence business, Welligence Energy Analytics, has released its latest report on the West African Transform Margin, reinforcing the regions’ significance as a hub for exploration and development. The resurgence of the Transform Margin: The Welligence business intelligence report. The West Africa Transform Margin is back in the exploration spotlight as Eni’s Baleine and Calao discoveries in Cote d’Ivoire have revived interest. The Transform Margin was one of the industry’s exploration hotspots following the Jubilee discovery, offshore Ghana in 2007. But after a string of sub-commercial discoveries, interest quickly fizzled out. However, the recent surge in activity within the region has triggered a huge amount of interest from the international E&P community. Read the full report here: https://lnkd.in/eguuUdtc 🔗 Register now at https://lnkd.in/erAdbD5C or contact info@waesummit.com for more information on exhibition space and sponsorship options. 📩 #Welligence #WestAfrica #PressRelease #AfricaNews #Ghana #WAES2024

Mauritania is taking bold steps towards decarbonizing its iron production. In a new partnership between Société Nationale Industrielle et Minière (SNIM) and Australian energy company CWP Global, the country will set up a hub for producing hot briquetted iron (HBI) using green hydrogen. HBI, a superior form of iron ore, is essential for decarbonizing the steel industry. The "Aman" project, launched by CWP, will develop 30 GW of renewable energy to power this production, potentially reducing millions of tonnes of CO2 emissions annually. Mauritania, already the 15th largest iron producer globally, aims to increase its production to 40 million tonnes annually, bolstering its position in the global market. As nations like Mauritania embrace sustainable practices, what are your thoughts on green hydrogen's role in transforming industries? Do you think green hydrogen can become the standard for industrial processes worldwide? What other sectors could benefit from such innovative approaches? #GreenHydrogen #SustainableIndustry #Decarbonization #IronProduction #RenewableEnergy #Innovation #Mauritania

Namibia approves 88 Energy's acquisition of PEL 93 in the Owambo Basin, marking a significant move into underexplored territories. With an investment of $18.7 million, the collaboration sets the stage for ground-breaking exploration, leveraging a 2D seismic program to pinpoint drilling locations. #NamibiaOilExploration #88EnergyNamibia #OwamboBasin #EnergySectorInnovation #SustainableOil #SeismicSurvey2024 #OilAndGasInvestment #ExplorationTechnology #RenewableEnergy #EnvironmentalCompliance

CWP Global is thrilled to announce a new MoU signed with SNIM (Société nationale industrielle et minière) to explore innovative opportunities to decarbonize iron ore production in Mauritania. This groundbreaking collaboration aims to leverage CWP's ultra-large-scale green hydrogen project, AMAN, to transform Mauritania into a leading producer and exporter of green Hot Briquetted Iron (HBI) through a new Direct Reduced Iron (DRI) hub project that could host multiple green hydrogen-based DRI plants capable of converting Mauritanian raw iron ore into millions of tonnes of green HBI per year, predominantly for export to the European steel industry. This initiative is a significant step towards reducing carbon emissions in the steel industry, aligning with global sustainability goals. 🌿 Present at a workshop following the MoU signing were representatives from the Government of Mauritania, as well as senior representatives from leading technology provider Primetals Technologies, and Midrex Technologies, Inc. the industry leader for DRI technology. Together, we are paving the way for a greener future! 🌍 Learn more about the project here: https://lnkd.in/eRNyN-PK #GreenHydrogen #Decarbonization #Sustainability #CleanEnergy #GreenSteel #CWPGlobal #SNIM #Mauritania

A new gas and condensate discovery in TAL block in Pakistan’s Khyber Pakhtunkhwa province de-risks further exploration in the block. https://lnkd.in/gBXMXTsH

🌍 Timor-Leste is on the verge of a major transformation. The Tasi Mane Project isn’t just another plan—it’s a bold step toward a brighter future for the nation. Picture coastal regions growing into bustling industrial hubs, creating new jobs, improving infrastructure, and opening doors to long-term growth. 🚀 From upgrading Suai’s logistics to refining oil in Betano and entering the global LNG market from Beaço, this project is building the foundation for Timor-Leste’s economic future. 💼✨ Check the comments below for the full article! ⬇️ #TimorLeste #TasiManeProject #EconomicGrowth #SustainableDevelopment #OilAndGas #GlobalEnergy #LNG #IndustrialHubs #TimorLesteDevelopment #EnergyIndustry #SoutheastAsia #InvestmentOpportunities

The first significant commercial discovery of oil in Angola occurred in 1955 in the onshore Kwanza (Cuanza) Basin. The Kwanza Basin(Cuanza) , located along the coast in northern Angola, proved to be highly prospective for oil exploration due to its geological characteristics, including favorable sedimentary formations conducive to the accumulation of hydrocarbons. #DidYouKnow #OilAndGas #Angola #VOEParticipates #OilAndGas #OilAndGasIndustry #Upstream #OilAndGasSector #OilAndEnergy #Energy #VOEParticipates #VOEParticipates #Explore #ExplorePage #SouthAfrica #WestAfrica #Australia #Canada #USA #Nigeria #Angola #World

The Grenadier-1 well has discovered gas and condensate within the Barremian-Aptian pre-salt carbonate play offshore Angola in the Kwanza Basin, continuing the trend of the nearby Golfinho, Cameia, and Mavinga gas-condensate discoveries. Grenadier-1 will play a crucial role in understanding the retention and migration of hydrocarbons in the late syn-rift to sag-phase carbonate buildup reservoirs sitting on pre-salt structural highs. This regional trend traps gas condensates along the outboard margin of a major step-up in the Base Salt. The TGS data example reveals a trend of pre-salt structural highs, which become shallower towards the NE. The well sits up-dip of the chain of highs, hence in a favorable position for charge focus and migration from the pre-salt source. Learn more and arrange a data viewing: https://hubs.ly/Q02f_Cvr0 #EnergyData #Angola #oilandgas #exploration